UPDATE 1-Hertz near $2.5 bln deal to buy Dollar Thrifty-source

Newswire

CHICAGO, Aug 25 (Reuters) - Hertz Global Holdings is
nearing an agreement to acquire Dollar Thrifty Automotive Group
for around $2.5 billion and could announce a deal in
coming days, a source familiar with the matter said on Saturday.
The deal would be for nearly $2.5 billion, the source said,
but discussions between the two companies are ongoing and could
still fall apart.
Under the terms of the deal, Hertz could buy Dollar Thrifty
for $87.50 ...

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